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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 15 · 40 sums
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The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.What is the simple interest on ₹10000 at 5% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹9200 at 4% per year for 1 year (in ₹)?
  4. 4.A fan costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹250 and sells it for ₹200. What is the loss (in ₹)?
  6. 6.A watch bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  7. 7.A watch bought for ₹3300 is sold for ₹2970. What is the loss per cent?
  8. 8.What is the simple interest on ₹2000 at 7% per year for 1 year (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2220. What is the loss (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
  12. 12.A shopkeeper buys a fan for ₹2550 and sells it for ₹2840. What is the profit (in ₹)?
  13. 13.What is 15% of 400?
  14. 14.What is the simple interest on ₹2300 at 4% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹8100 at 9% per year for 4 years (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2310. What is the profit (in ₹)?
  17. 17.What is 90% of 120?
  18. 18.The price of a school bag changed from ₹200 to ₹210. What is the percentage increase?
  19. 19.A shopkeeper buys a fan for ₹400 and sells it for ₹510. What is the profit (in ₹)?
  20. 20.A cycle bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  21. 21.A fan bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  22. 22.The price of a pair of shoes changed from ₹500 to ₹750. What is the percentage increase?
  23. 23.A table bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  24. 24.What is the simple interest on ₹9700 at 10% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹10000 at 7% per year for 1 year (in ₹)?
  26. 26.A table bought for ₹1300 is sold for ₹975. What is the loss per cent?
  27. 27.What is the simple interest on ₹500 at 6% per year for 2 years (in ₹)?
  28. 28.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
  29. 29.What is the simple interest on ₹3800 at 7% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1380. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹7700 at 3% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 1 year (in ₹)?
  33. 33.The price of a school bag changed from ₹200 to ₹320. What is the percentage increase?
  34. 34.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
  35. 35.A shopkeeper buys a table for ₹2000 and sells it for ₹1800. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 1 year (in ₹)?
  37. 37.What is the simple interest on ₹1600 at 11% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹800 and sells it for ₹1060. What is the profit (in ₹)?
  39. 39.What is 15% of 700?
  40. 40.What is 55% of 60?

Answer key

  1. 1500
  2. 9918
  3. 368
  4. 300
  5. 50
  6. 5
  7. 10
  8. 140
  9. 20
  10. 280
  11. 5
  12. 290
  13. 60
  14. 276
  15. 2916
  16. 260
  17. 108
  18. 5
  19. 110
  20. 20
  21. 40
  22. 50
  23. 30
  24. 4850
  25. 700
  26. 25
  27. 60
  28. 12
  29. 798
  30. 170
  31. 924
  32. 2346
  33. 60
  34. 5
  35. 200
  36. 5668
  37. 352
  38. 260
  39. 105
  40. 33

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